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Blue Company purchased a new machine on September 1, 2022, at a cost of $141,000. The company estimated that the machine will have a salvage

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Blue Company purchased a new machine on September 1, 2022, at a cost of $141,000. The company estimated that the machine will have a salvage value of $14,000. The machine is expected to be used for 10,000 working hours during its 5 -year life. (a) Your answer is incorrect. Compute the depreciation expense under the Stralght-line method for 2022, 2023, and 2024. (Round anwers to 0 decimal places, e. 15250.1 Depreciation expense for: 2022$ 2023$ 2024

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